CHF 40,000 for next-gen energy meters, an environmental-friendly hotel digital platform, and scalable and renewable bioenergy
Summary
The unique Energy-On-Demand system, developed with the support of EPFL, HES-SO Valais/Wallis and industrial partners, is based on solid oxide fuel cells (SOFCs) to convert renewable ethanol, a liquid hydrogen carrier that is safe and economical, into high power electricity. The solution brings the highest value to Charging Point Operators (CPOs) at parking lots or roadside service stations and is independent of any electricity or gas grids. The lack of having new metering technologies reduces the range of possibilities of energy providers and countries being unable to implement dynamic pricing or precise forecasting models leads to considerable financial and environmental impacts. EVOLY s co-founders Sami El Bouari, Mechanical Engineer alumni from EPFL, and Hassan Lantry former McKinsey consultant that studied mathematics and data science are making old gen energy meters smart, at a tenth of the price. Their SaaS handles this data and automizes energy providers tasks allowing fraud detection, remote reading, automatic billing, and dynamic pricing.